Over the last day, the world of cryptocurrencies and markets has been quite intriguing due to some unexpected developments. The newly introduced meme coin “Official Trump” (TRUMP), backed by the incoming U.S. president, Donald Trump, has sparked a surge in interest. This Solana-based meme coin’s value has soared by an impressive 500% over the past 24 hours, reaching a market capitalization of more than $5 billion.
Instead of matching the market’s rapid advance, Ethereum (ETH) has encountered difficulties maintaining its pace and leveraging its recent bullish energy effectively. So, what might investors anticipate from the leading altcoin in the initial quarter of 2025?
Overview Of ETH’s Historical Q1 Performance
On the popular social media site X, well-known crypto expert Ali Martinez recently provided some predictions about Ethereum’s price trends in Q1 2025. Using past price patterns as a guide, he suggests that Ethereum could experience an increase in value before March 2025 concludes.
Generally speaking, Ethereum’s price has shown its best growth during the first three months of the year. Since 2017, on average, it has yielded approximately 82.69% in Q1; this is then followed by a return of about 67% in Q2.
Based on price action analysis, Ethereum did not show any positive growth only twice: during the initial phases of both the 2018 and 2022 bear markets. By the end of March, the value of ETH had dropped approximately 49% in 2018 and decreased by around 11% in 2022.
During the initial quarter of 2017, the altcoin achieved its strongest performance for that period, soaring over 500%. The start of 2021 saw a 160% increase, which marked the beginning of the final year in a four-year cryptocurrency cycle.
Based on past trends, it appears that Ethereum’s price could potentially rise significantly before March 2025 concludes. Notably, Ethereum tends to perform well during the first quarter, and given that we’re approaching the final year of its cycle, this period has historically been associated with exceptional growth for altcoins like Ethereum.
Ethereum Price Overview
Currently, Ethereum’s value is hovering around $3,300, marking nearly a 6% drop over the past day. This decline has caused Ethereum to show a loss in its daily performance, with its price decreasing by over 1%.
If ETH maintains its trend of strong performances in Q1, surpassing the significant $3,500 barrier could potentially be the initial move. Over the past few weeks since mid-December, Ethereum has primarily hovered below the $3,500 zone.
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2025-01-19 19:11